Standard Chartered Predicts Stablecoins Could Drain $500B From US Bank Deposits

Stablecoins could pose a significant challenge to the US banking system over the next several years, with as much as $500 billion in deposits potentially moving out of traditional banks by the end of 2028, according to a new analysis from Standard Chartered. Stablecoins Could Pressure Bank Earnings And Deposits The forecast, reported by Reuters […]